[SMM Stainless Steel Flash] Chinese Taiwan 300-Series Stainless HRC Imports and Costs Surge in June

Published: Jul 29, 2026 17:57

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Chinese Taiwan’s imports of 300-series stainless steel hot-rolled products rebounded to around 54,400 mt in June, up 46.4% month on month, ending two consecutive months of decline and reaching the second-highest level this year. Import prices rose for a fifth straight month to a two-year-and-eight-month high. Market participants attributed the increase to Indonesia’s nickel production restrictions, which lifted raw material costs and prompted Tsingshan to raise export offers. First-half imports reached approximately 284,400 mt, up 3.7% year on year, adding to cost pressure on local mills.

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